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MOSCOW, January 9. /ITAR-TASS/. Average price of Urals, the oil brand for pricing Russian export oil mixture, fell 2.4% to $107.88 a barrel year-on-year in 2013, the Finance Ministry’s expert Alexander Sakovich told Itar-Tass.
The Ministry of Economic Development’s estimate for 2013 oil price was $107.5 a barrel.
In December 2013, Urals stood at $109.88 a barrel, plus 1.4% year-on-year.
In 2012, the average Urals price was $110.52 per barrel. The ministry’s forecast for 2014 is $101 per barrel.